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Economics (AS & A Level) · Oct / Nov 2023 · Paper 13 · Question 21

9708Current account of the balance of payments

Which components are included as primary income in the current account of the balance of payments?

  1. Atrade in goods ✓, current transfers ✓, employment income from abroad ✓
  2. Btrade in goods ✓, current transfers ✗, employment income from abroad ✗
  3. Ctrade in goods ✗, current transfers ✓, employment income from abroad ✗
  4. Dtrade in goods ✗, current transfers ✗, employment income from abroad ✓

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Correct answer: D. trade in goods ✗, current transfers ✗, employment income from abroad ✓

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